Seacor Holdings has completed its acquisition of US Shipping Corporation (USSC), a privately owned provider of long-haul marine transportation for chemical and petroleum cargo in the US coastwise trade, operating under the Jones Act.
Seacor said the transaction closed on Friday, August 13. The company said the acquisition positions subsidiary Seabulk as one of the largest Jones Act tanker operators with a fleet of 15 coastwise vessels ranging in size from 150,000 to 330,000 barrels of capacity.
The terms of the transaction were not disclosed.
